| APPN latest price $47.2600 (2.23%) ($46.3000 - $47.2600) on Wed. Aug. 23, 2023. |
|
|
| Trend Analysis and Forecast |
| |
Average Daily Percentage Swing | 2.71% (three month average) |
RSI | 45 |
Latest Price | $47.2600(2.23%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | APPN advances 0.6% a day on average for past five trading days. |
Weekly Trend | APPN declines -2.7% a week on average for past two weeks. |
Market Behavior | Broad based rally for large cap. Broad based rally for small cap. |
Correlated ETFs | Broad market will support APPN advance at 0% a week (0% probability) IPO(60%) SKYY(58%) ARKK(57%) IWO(57%) BOTZ(55%) |
Factors Impacting APPN price | APPN will decline at least -1.355% in a week (0% probabilities). VXX(-34%) TBT(-32%) VIXM(-25%) UUP(-17%) EDOC(-6%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
| |
| |
Relative Volatility | (options are extremely cheap) |
| |
Market Trend Strength | -1.355% (StdDev 2.71%) |
Hourly BBV | 1.5 () |
Intraday Trend | 0% |
| |
|
|